This white paper (see an attachment below) sets out the benefits of incorporating mobile devices into various aspects of the planning and budgeting process all the way from short-term sales and operations planning through to long term strategic planning.
The 5 key benefits that have emerged as best practices:
- Using mobility to make organizations faster by providing budget contributors with a far greater number of input points.
- Giving planners mobile tools so they can move to the front line and provide better support for lines of business.
- Leveraging mobility to help planners better support innovations and growth in that it enables better collaboration with field based units and more rapid testing of possible new approaches.
- Using mobility to provide many more information collection points as each manager can become both an input source as well as receiving an output reports in that remote sensors can act as low-cost additional listening posts providing timely input on things such as competitor activities.
- Providing continuous monitoring by using mobility to capture and report on performance in real-time rather than at month-end with planners able to adjust their driver-based scenario plans to understand how actual conditions will impact future results
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